Evercore ISI Senior Managing Director & Head of Internet Research Mark Mahaney joined Yahoo Finance Live to break down Amazon’s blowout quarterly earnings. Video Transcript [MUSIC PLAYING] SEANA SMITH: We have big blowout numbers from a number of tech and consumer giants this week. Amazon was one of those names […]
Surge
President-elect Biden vows to increase funding for USPS despite it losing nearly $9B this past year. FOX Business’ Grady Trimble with more. The U.S. Postal Service posted positive financial results for the first quarter of fiscal 2021 for the first time in several years, though it warned those encouraging results […]
SACRAMENTO — Contra Costa County District Attorney Diana Becton hosted a wedding party at her home over the summer that included dozens of people, a possible violation of coronavirus restrictions as the Bay Area fought back a surge in cases. Becton, who is considered a contender to be appointed California’s […]
De Beers has revealed its strongest diamond sales in three years following a Christmas surge in jewellery purchases, with sales 10{409126f2c1f09c9e510a010c163a4bce2c3ccfc4019bdf864d6cb2d5d8752f38} above the group’s 20-year average. The world’s biggest diamond miner made $650m from its rough stones last month, well above sales of $551m in early 2020, amounting to the […]
By Akanksha Rana, Jeffrey Dastin (Reuters) – E-commerce firm eBay Inc said on Wednesday it would emerge “stronger” from the COVID-19 crisis after a pandemic-driven surge in online shopping helped the company beat estimates for sales and profit in the holiday quarter. FILE PHOTO: The eBay logo is pictured on […]
A surge in online shopping helped UPS post record revenue during the last three months of 2020 By JOSEPH PISANI and MICHELLE CHAPMAN AP Business Writers February 2, 2021, 8:22 PM • 2 min read Share to FacebookShare to TwitterEmail this article NEW YORK — A surge in online shopping […]
United Parcel Service Inc. UPS 0.81{409126f2c1f09c9e510a010c163a4bce2c3ccfc4019bdf864d6cb2d5d8752f38} notched a 21{409126f2c1f09c9e510a010c163a4bce2c3ccfc4019bdf864d6cb2d5d8752f38} jump in fourth-quarter sales to $24.9 billion, a record for the company, as pandemic-fueled online shopping during the holidays boosted the delivery giant. The company’s operating profit grew 26{409126f2c1f09c9e510a010c163a4bce2c3ccfc4019bdf864d6cb2d5d8752f38} in the quarter ended Dec. 31, a sign that added fees and […]
